Legendary NFL quarterback Joe Montana is looking to make a profit from the green of another kind as part of a multimillion-dollar investment in the legal pot industry.
Montana is the founder of a venture capital firm which is now putting money into California-based group Caliva, a big player in the state’s legal marijuana market.
The Hall of Famer’s firm took part in a $75 million fundraising push for the company, it was announced on Thursday.
Joe Montana has invested in @gocaliva, a California-based cannabis dispensary, grow facility & delivery service. Dispensary offers flowers, vape, edibles and THC infused beverages. pic.twitter.com/IHvHbYSoae
— Darren Rovell (@darrenrovell) January 24, 2019
The size of Montana’s investment hasn’t been disclosed, but he said he believes the industry “can provide relief to many people and can make a serious impact on opioid use or addiction,”AP reported.
San Jose company Caliva operates a cultivation facility and retail store, as well as a delivery service in the Bay Arena, according to Bloomberg.
Montana participated in a $4.1 million investment in weed-related news and entertainment company Herb back in 2017.
Montana retired after the 1994 season as a four-time Super Bowl champion, but he hasn’t personally disclosed if he uses marijuana.
I’m leaning toward….maybe.
Want More From Sports Gossip?
For all the latest breaking Sports Gossip, be sure to follow SportsGossip.com on Facebook, Instagram, and Twitter.